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A ustralia's Carbon Tax: An Economic Evaluation
Author(s) -
Robson Alex
Publication year - 2014
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/ecaf.12061
Subject(s) - carbon tax , government (linguistics) , climate change , emissions trading , public economics , tax reform , economics , public policy , carbon fibers , economic policy , business , political science , economic growth , materials science , composite material , composite number , ecology , linguistics , philosophy , biology
A ustralia's carbon tax has been in place since July 2012. Following the 2013 federal election and change of government, it is likely that the tax will be abolished. This paper evaluates Australia's carbon tax experience and draws lessons for policymakers in other jurisdictions who may be considering following the Australian example and implementing their own carbon taxes or cap and trade schemes. Overall, the policy was poorly thought through, badly implemented, and lacked majority public support before it began. Australia's carbon tax experience is an interesting case study in how not to go about implementing climate change policy.